USD/JPY Price Analysis and Trade Forecast: Daily Trading Signal

Daily Price Outlook

- USD/JPY remains bearish below 149.30, with sellers eyeing 148.19 support.

- Break above 150.17 could shift sentiment, targeting 151.20.

- Failure to hold 148.19 may accelerate declines toward 147.43.

USD/JPY is trading at 148.852, edging lower as sellers gain control below the pivot point at 149.326. The pair remains under pressure as market sentiment tilts toward a risk-off environment, and traders assess the outlook for U.S. interest rates and Bank of Japan policy shifts.

Technically, the 50-day EMA at 149.672 acts as a dynamic resistance level, reinforcing the bearish outlook below 149.30. Immediate resistance is set at 150.174, and a break above this level could lead to a test of 151.208 and potentially extend toward 152.128. However, the downward momentum suggests further downside potential if the pair remains below its pivot level.

On the support side, 148.189 serves as immediate protection against deeper declines. If this level breaks, the next targets lie at 147.435 and 146.690, areas where buyers may attempt to stabilize the pair.

For now, a sustained move below 149.30 confirms bearish control, with further losses expected toward 148.19. A rebound above this level could lead to short-term consolidation, but a stronger push beyond 150.17 is required to shift momentum back in favor of buyers. 

USD/JPY - Trade Ideas

Entry Price – Sell Below 149.315

Take Profit – 148.190

Stop Loss – 150.015

Risk to Reward – 1: 1.6

Profit & Loss Per Standard Lot = +$1125/ -$700

Profit & Loss Per Mini Lot = +$112/ -$70